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Edward K. Aldag, Jr. is the CEO of Medical Properties Trust, a health care real estate investment trust that he helped build over the years. Born on February 1, 1956, Aldag holds a Bachelor's degree in Business Administration. He has...

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Edward K. Aldag, Jr.

Founder and Ex-CEO of Medical Properties Trust

Education

Bachelor's degree in Business Administration

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

February 1, 1956 - 69 years ago

CEO of Medical Properties Trust for

17 years 0 months (Feb 2007 - Mar 2024)

Previous Experience

Formerly served as Chief Executive Officer of Medical Properties Trust, Inc. since its inception.

Rivals

Competitors/colleagues of Edward K. Aldag, Jr.

Holdings

See how much did Edward K. Aldag, Jr. make over time.

As of early 2024, Edward K. Aldag, Jr. holds approximately 3.9 million shares of Medical Properties Trust, which makes up a substantial part of his wealth. His holdings peaked during his leadership in the company, particularly as stock prices surged...

Total Stock Sold

$7.50M

MPW

$7.50M

549,783 MPW shares

What if they kept their stock?

If Edward K. Aldag, Jr. didn't sell their stock, today they would have:
Extra MPW549,783 shares worth $8.81M.
This is 17.5% and $1.31M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Edward K. Aldag, Jr..

No insider trades found for this CEO.

Compensation History

See how much did Edward K. Aldag, Jr. make over time.

In 2023, Edward K. Aldag, Jr. earned a total compensation of over $12 million. His pay includes a base salary of $1 million, a bonus of $2.8 million based on his and the company’s performance, and nearly $7.3 million from stock awards that vested after meeting specific performance metrics. Aldag's pay structure is designed to align his interests with those of the shareholders, focusing heavily on performance. In previous years, his compensation fluctuated, peaking at around $17 million back in 2021, then decreasing as company performance metrics changed. This approach ensures he stays accountable for the company's success.

Year

2023

Total Compensation

$11.21M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes alignment with stockholder interests through performance-based incentives, with a significant portion of compensation tied to stock price and operational performance.

Bonus

$2.80M

Board Justification

The bonus for 2023 was based on a qualitative review of individual and company performance, with specific metrics including Normalized FFO per share, EBITDA/Interest Expense ratio, ESG initiatives, and a qualitative performance review.

Other

$113.66K

Board Justification

Other compensation includes 401(k) match, health insurance, automobile allowance, tax preparation and financial planning services, life insurance, and disability insurance.

Restricted Stock

$7.29M(711.67K common stock)

Board Justification

The vested stock for 2023 includes shares that were earned based on performance metrics and vested on January 1, 2024.

Performance Metrics

The performance metrics for 2023 included Normalized FFO per share, EBITDA/Interest Expense ratio, and ESG initiatives.

Other Medical Properties Trust CEOs

Here are other CEOs of Medical Properties Trust